LME Aluminum 3-Month Price Drops, China Prices Steady

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The 3-month price of aluminum experienced the biggest price decline of the day on MetalMiner’s daily price index, dropping 1.4 percent on the LME on Sept. 21, 2012. The LME cash price of primary aluminum weakened by 1.3 percent.

The Indian aluminum cash price declined 0.9 percent.

Meanwhile, Chinese aluminum prices were flat for the day. The cash price of Chinese aluminum saw little movement last Friday, the price of Chinese aluminum scrap was unchanged.

The price of Chinese aluminum billet continues hovering in the same spot for the fifth day in a row, and the price of Chinese aluminum bar saw little movement for the day.

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